This interesting trick makes it possible to be financially independent sooner

This interesting trick makes it possible to be financially independent sooner

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Financial Independence sounds amazing, but it seems so far away! Is it even possible to achieve? AJ covers how close FI is when we are intentional and intense with our investing.

Check out our COMPOUND INTEREST CALCULATOR

https://www.wealthyidiots.com/calculators/compound-interest

Take your take home income and divide by 50%

Invest the other 50% in an investment that produces at least 7% rate of return.

It will take 15 yrs to become financially independent using the 4% rule

Author

  • After attempting college, AJ joined the Marine Corps. When he left active duty, he worked in retail for a few years before returning to college. Several years later AJ was awarded his Bachelor in Science in Computer Science. Soon after, AJ began working in the tech industry as a Junior Developer. AJ continues to work in tech, however, he began to cultivate a passion for personal finance. For AJ, the concepts began to click and he felt a need to help others understand how to be financially free. If AJ can do it, any Idiot can.